- Bloomberg, Wednesday, September 4, 2013 11:41 AM
Making it the costliest impulse buy in history, Microsoft reportedly rushed into its acquisition of Nokia’s Devices & Services business for $7.2 billion. It was “more of a sprint than
a marathon,” Bloomberg reports. More troubling (and confusing) are reports that Microsoft wanted the deal done so quickly because a 2-year-old collaboration on smartphone development (between
Microsoft and Nokia) wasn’t working.
Read the whole story at Bloomberg »